102 4Th AveSandpoint, ID 83864

For Sale
$539,000
Prime Sandpoint location, 8 units, 100% occupied.

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional mixed-use property, known as Ravenwood, presents a compelling investment opportunity in the heart of Sandpoint, Idaho's vibrant downtown core, situated within the designated Opportunity Zone. The 2,600 square foot building, constructed in 1979, sits on a sizable 7,100 square foot corner lot, providing optimal street visibility. Currently operating at 100% occupancy with six tenants across eight generously sized private suites, this property boasts a strong history of reliable tenancy. The building's layout includes two suites with independent entrances, four upstairs suites sharing a common bathroom and spacious kitchen area, and downstairs units featuring a common bathroom, kitchen, and a private courtyard. Modern flooring has been recently installed throughout. Ample parking is available with eight spaces, including some covered options. The multi-use zoning allows for considerable flexibility and potential for future expansion or adaptation. Conveniently located within walking distance of downtown amenities, the southern part of Sandpoint, and the lake, this property benefits from its proximity to the new Bernklau cafe bar and access to high-speed internet via Ting or Vyve. This is a rare chance to acquire a prime downtown Sandpoint location offering a blend of location, space, and style.

Highlights

  • Mixed-use zoning allows for diverse property uses.
  • Excellent tenant history with 100% occupancy.
  • Prime downtown Sandpoint location on a large 7,100 sq ft corner lot.
  • Ample parking with eight spaces, some covered.

Property Details for 102 4Th Ave

Property type
Mixed-use properties
Square Feet
2,600 SF
Year Built
1979
Units
8

Location Insight

City
Sandpoint
County
Bonner
State
Idaho
Latitude
48.2729295
Longitude
-116.5516557
102 4Th Ave, Sandpoint, Idaho

FAQs

What type of property is this?
Mixed-use property - Prime Sandpoint location, 8 units, 100% occupied.
Where is the mixed-use property located?
The property is located at 102 4Th Ave Sandpoint, ID.
What is the asking price?
The asking price for this property is $539,000.
What are key features of this property?
This property features: Mixed-use zoning allows for diverse property uses.; Excellent tenant history with 100% occupancy.; Prime downtown Sandpoint location on a large 7,100 sq ft corner lot.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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102 4Th Ave
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